Mahogany Logistics Services Private Limited
About Mahogany Logistics Services Private Limited
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Mahogany Logistics Services Private Limited is a private limited company based in Madurai, Tamil Nadu, India, a subsidiary of Mahogany Singapore Company Pte Ltd. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 17 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2016PTC112949. Its GSTIN is 33AAFCD8781R1ZU (Tamil Nadu).
The company has an authorised share capital of ₹1,020.1 Cr and a paid-up capital of ₹510.1 Cr. It was formerly known as Drsr Logistics Services Private Limited. It is led by directors including Venkatesh and Anand Kumar.
Its last annual general meeting (AGM) was held on 24 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.10 Jawahar Road Chokkikulam, Madurai, Tamil Nadu, India – 625002.
As per the financials filed for FY 2025, the company reported a revenue of ₹93,000, a decline of 74% compared to the previous year. For the same year it recorded a net profit of ₹28,000 (net margin 30.1%) and EBITDA of -₹1.09 Lakh (EBITDA margin -117.2%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 52% over five years.
As per MCA filings, the company has open charges of ₹349 Cr and satisfied charges of ₹28 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 1 case is pending. The company has 9 deals on record (5 secondary share transfers, 2 debt financings, 2 funding rounds), with disclosed funding of ₹830.61 Cr; the latest was in February 2022.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mahogany Logistics Services Private Limited's registered office is in Madurai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.10 Jawahar Road Chokkikulam, Madurai, Tamil Nadu, India – 625002
- IndustryEngineering, Engineering Components Retail & Distribution
To see the full contact details of Mahogany Logistics Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Mahogany Logistics Services is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mahogany Logistics Services Private Limited, buy the company report.
Financials of Mahogany Logistics Services Private Limited
FY 2025 filings availableMahogany Logistics Services Private Limited reported revenue of ₹93,000 (down 74% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 74% fall in the latest year. EBITDA rose 45% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.09 Lakh | ||||
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| Net Profit (PAT) | ₹28,000 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -117.2% | ||||
| Net Profit Margin | 30.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mahogany Logistics Services Private Limited, buy the company report.
Board of directors of Mahogany Logistics Services Private Limited
Mahogany Logistics Services has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Also directs: Tor Auto Components LLP, T.S.Rajam Rubbers Private Limited | Director | 20 Dec 2023 | 2 Years 10 Months | Current |
| Anand Kumar | Director | 07 Feb 2020 | 6 Years 9 Months | Current |
| Rahul Goswamy | Director | 07 Feb 2020 | 6 Years 9 Months | Current |
Auditor
Mahogany Logistics Services Private Limited is audited by Manohar Chowdhry& Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manohar Chowdhry& Associates | FY 2023 | 001997S |
Shareholding
The shareholding of Mahogany Logistics Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahogany Logistics Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jan 2017 | 100078814 | Others | ₹349 Cr | Open | |
| 27 Mar 2017 | 100113799 | Others | ₹28 Cr | Satisfied |
To see the full charge records of Mahogany Logistics Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Mahogany Logistics Services Private Limited has 9 deals on record (5 secondary share transfers, 2 debt financings, 2 funding rounds), with disclosed funding of ₹830.61 Cr; the latest was in February 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Mahogany Singapore Company Pte Limited Seller: an individual |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Sep 2018 | Debt financing | ₹11.52 Cr | Investors: Incred Financial Services Limited |
| Jan 2017 | Debt financing | ₹309 Cr | Investors: Incred Financial Services Limited , Aditya Birla Finance Limited , KKR India Private Equity |
To see the full deal history of Mahogany Logistics Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mahogany Logistics Services Private Limited has 6 court cases on record: 6 filed by Mahogany Logistics Services. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (TCA) | Filed by the company against The Principal Commissioner of Income Tax Madurai 1 | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Income Tax Officer | Disposed |
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed by the company against The Income Tax Officer | Disposed |
| NCLT, Chennai | Court case (MA(CompaniesAct)) | Filed by the company | Disposed |
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Mahogany Logistics Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahogany Logistics Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahogany Logistics Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCD8781R1ZU | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahogany Logistics Services Private Limited, buy the company report.
Recent activity
Mahogany Logistics Services Private Limited has 13 board changes on record since 2017: 3 appointments and 10 cessations. The latest: Venkatesh ceased to be Additional Director on 15 Sep 2024.
9 earlier events are in the company report.
Frequently asked questions
Mahogany Logistics Services is an active private limited company based in Madurai, Tamil Nadu, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 17 October 2016 (10+ years old) and is registered under CIN U74999TN2016PTC112949.
Mahogany Logistics Services has 3 current directors:
- Venkatesh - Director
- Anand Kumar - Director
- Rahul Goswamy - Director
The latest financial statements of Mahogany Logistics Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 June 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Mahogany Logistics Services is 33AAFCD8781R1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mahogany Logistics Services is U74999TN2016PTC112949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahogany Logistics Services has 6 court cases on record: 6 filed by the company. 1 is pending. Most are in the high courts.
Mahogany Logistics Services was incorporated on 17 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
Mahogany Logistics Services has 9 deals on record (5 secondary share transfers, 2 debt financings, 2 funding rounds), with disclosed funding of ₹830.61 Cr; the latest was in February 2022.
Venkatesh ceased to be Additional Director on 15 Sep 2024. Venkatesh was appointed as Director on 20 Dec 2023. Sasikumar ceased to be Company Secretary on 10 Nov 2021. Mahogany Logistics Services has 13 board changes on record in total.
The registered office of Mahogany Logistics Services is at No.10 Jawahar Road Chokkikulam, Madurai, Tamil Nadu, India – 625002.
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